Report: Americans Spend More on Taxes Than on Food, Housing and Clothes Combined

Anyone that reads this website understands that Taxation is Theft! However, a new report by the Tax Foundation shows that we spend more on our taxes then we do on food, housing, and clothing…combined!!

Americans will collectively spend more on taxes this year than on food, clothing, and housing combined, according to a new report from the Tax Foundation.

The staggering revelation has refreshed a debate on what each presidential candidate is bringing to the table when it comes to tax reform, said Dagen McDowell.

Cost of Freedom’sBulls & Bears panel reacted this morning.

All the political infighting we’ve been seeing lately is the reason “the effective tax rate has stayed basically the same since the 1950s,” said John Layfield.

“The wealthy are getting benefits from politicians, and the burden is falling on the middle class,” he added.

It is important for the American people to be aware that a big government is an intrusive government. We are constantly told that taxes pay for important things that we use everyday, but the reality is the exact opposite.

Taxation is theft and it is immoral for the government to partake in this thievery!